Sir, I read certain articles for Point of Tax Rules for SErvice tax. I understand that hereafter, accrual basis should be followed for paying service tax liabilities.

First of all, what is the date of applicability for service tax accrual basis.
ie 1st April 2011 or 1st July 2011.

Secondly,I just want to know the treatment for the pending bills as on date of applicability (ie Sundry debtors - later receipt)

A PROPRIETOR DID NOT FILE HALF YEARLY RETURN SINCE LAST 3 YEARS EVEN THOUGH HE DEPOSITED S. TAX WITHIN DUE DATE. HE WANTED TO FILE RETURN WITH PENATY. NOW HOW MUCH HE WILL PAY AND WHICH CODE HE DEPOSITE THE PENALTY

I am working in a maruti dealership company in Hissar ( Haryana).When we buy the cars from maruti, i.e. purchase invoice ( of Maruti)there are ''Transport Charges'' inclusive of Service Tax upto Ambala charged by Maruti.

I want to know if we can take the input of service tax on these charges, i.e. transport charges ( inclusive of service tax upto ambala) and adjust with the service tax charged by us on labour (for repair of cars).


Thanks in Advance.

Sir,
With the coming into force of Point of Taxatation Rules, tax liability crystalises on the issuance of the Bill. As such what would be the treatment in the Maintenance and Repair Service Category wherein :
the service provider issues bill at the begining of every month for the monthly service charges for the previous month. The liability arises as soon as the bill is issued. Even if the flat owners does not make payments for months as per the Point of Taxation Rules the Service provider have to pay the tax on the billed amount.
Now my question is, whether the service provider can adujst this amount of tax paid by him on the billed amount against which payment has not received by him, against his tax liability in the subsequent month?.

regards

Dear Sirs,
Our Client is the manufacturer of textile fabrics in Maharashtra having manufacturing unit at Silvassa and also it let our property(land) for rent to other manufacturer. They are having the Service Tax Registration for GTA and Renting of immovable property services at their registered office at Mumbai(Centralised). Now queiry is that can they avail the cenvat credit from the input and input service and utilise it for the payment of service tax as service provider under the Renting of immovable property service for the said months. Please reply .

A company was in the business of HOTEL industry which has been made taxable in Service Tax from 1st of MAY, 2011.

The company had collection of 50 lakhs as room rent in the previous year.

My Question is whether the company has to pay service tax from 01/05/2011 only or should it wait for its receipts to cross 10 lakhs in the current year before starting payment of service tax as this is a new service.

Will the compnay be eligible for 10,00,000 exemption or not.?



Regards

How to classify a work under service tax as Consturction of commercial building, industrial building and works contract.

My client is a builder. He has bifurcated the total collection into three parts i.e. Share of land, contruction charges and prefrential location charges. As he it availing abatement @67% on the amount of ST payable on construction charges, he cant avail cenvat credit on that. But as he cant avail any abatement on ST liability on preferential location charges,can he avail credit on service tax paid on input services???

If the compnay has Service Tax Liability of Rs. 2 Lakh in a particular month & also it has Service Tax credit available for Rs. 2.50 Lakhs then in that case whether full credit is available or there is some criteria for it?

Maximum how much amount company can kept unutilised balance in Service Tax Credit account as on 31st March?